Elphinstone Suburb Profile, VIC, 3448 (Pricing & Investment Data)

Elphinstone Suburb Profile
Victoria 3448

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Elphinstone has 455 properties. Over the last 5 years, Houses in Elphinstone have seen a 45.75% increase in median value, while Units have seen a 259.36% increase. As at 31 October 2025:

  • The median value for Houses in Elphinstone is $894,688 while the median value for Units is $622,585.
There are currently 5 properties listed for sale, and no properties listed for rent in Elphinstone on OnTheHouse. According to Cotality's data, 11 properties were sold in the past 12 months in Elphinstone.

The size of Elphinstone is approximately 84.0 square kilometres. It has 2 parks covering nearly 5.8% of total area. The population of Elphinstone in 2016 was 555 people. By 2021 the population was 633 showing a population growth of 14.0% in the area during that time. The predominant age group in Elphinstone is 60-69 years. Households in Elphinstone are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Elphinstone work in a professional occupation.In 2021, 94.90% of the homes in Elphinstone were owner-occupied compared with 86.90% in 2016.

Suburb Insights for ELPHINSTONE 3448

Market Insights
Elphinstone Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Elphinstone Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 633

0-9

 

11%

10-19

 

9%

20-29

 

9%

30-39

 

9%

40-49

 

13%

50-59

 

16%

60-69

 

19%

70-79

 

12%

80-89

 

4%

90-99

 

1%

Household Structure
Occupancy
Cotality Copyright and Legal Disclaimers about Property Data

Last Updated: 06/12/2025

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.